Ben
Bernanke Quotes

Ben
Bernanke Biography (Ben Shalom Bernanke):
Federal Reserve Chairman (January 2006)
Famous for :
being the chairman of the United States
President's Council of Economic Advisers
(CEA) and taking over the position of Chairman
of the Board of Governors of the United
States Federal Reserve (Fed Reserve Chairman)
from Alan
Greenspan. Bernanke was the Time
Person of the Year in 2009. Bernanke details
: Born - December 13, 1953 Georgia,
USA / Lives - United States of AmericaMore Information
:Ben
Bernanke Biography

The basic prescription for preventing
deflation is straightforward, at least
in principle: Use monetary and fiscal
policy as needed to support aggregate
spending, in a manner as nearly consistent
as possible with full utilization of economic
resources and low and stable inflation.
In other words, the best way to get out
of trouble is not to get into it in the
first place.Ben
Bernanke - Problems
- Economy
- Finance

The sources of deflation are not a mystery.
Deflation is in almost all cases a side
effect of a collapse of aggregate demand..
a drop in spending so severe that producers
must cut prices on an ongoing basis in
order to find buyers.Ben
Bernanke - Finance
- Economy
- Products

Over the years, the U.S. economy has shown
a remarkable ability to absorb shocks
of all kinds, to recover, and to continue
to grow. Flexible and efficient markets
for labor and capital, an entrepreneurial
tradition, and a general willingness to
tolerate and even embrace technological
and economic change all contribute to
this resiliency.Ben
Bernanke - Change
- Economy
- Entrepreneurs
- Technology

Theres no denying that a collapse
in stock prices today would pose serious
macroeconomic challenges for the United
States. Consumer spending would slow,
and the U.S. economy would become less
of a magnet for foreign investors. Economic
growth, which in any case has recently
been at unsustainable levels, would decline
somewhat. History proves, however, that
a smart central bank can protect the economy
and the financial sector from the nastier
side effects of a stock market collapse.Ben
Bernanke - Problems
- Economy
- Finance
- Stock
Market

The economic repercussions of a stock
market crash depend less on the severity
of the crash itself than on the response
of economic policymakers, particularly
central bankers.Ben
Bernanke - Problems
- Economy
- Stock
Market

A collapse in U.S. stock prices certainly
would cause a lot of white knuckles on
Wall Street. But what effect would it
have on the broader U.S. economy? If Wall
Street crashes, does Main Street follow?
Not necessarily.Ben
Bernanke - Problems
- Economy
- Stock
Market

Quotations by the United States Economist and
Federal Reserve Chairman Ben Bernanke